(VIANEWS) – Donegal Group (DGICB), Marcus & Millichap (MMI), Pimco High Income Fund Pimco High Income Fund (PHK) are the highest payout ratio stocks on this list.
We have gathered information regarding stocks with the highest payout ratio at the moment. The payout ratio in itself isn’t a guarantee of good investment but it’s an indicator of whether dividends are being paid and how the company chooses to distribute them.
When investigating a potential investment, the dividend payout ratio is a good statistic to know so here are a few stocks with an above 30% percent payout ratio.
1. Donegal Group (DGICB)
266.3% Payout Ratio
Donegal Group Inc., an insurance holding company, provides property and casualty insurance to businesses and individuals. It operates through three segments: Investment Function, Personal Lines of Insurance, and Commercial Lines of Insurance. The company offers private passenger automobile policies that provide protection against liability for bodily injury and property damage arising from automobile accidents, as well as protection against loss from damage to automobiles; and homeowners policies, which provide coverage for damage to residences and their contents from a range of perils, including fire, lightning, windstorm, and theft, as well as liability of the insured arising from injury to other persons or their property. It also offers commercial automobile policies that provide protection against liability for bodily injury and property damage arising from automobile accidents and protection against loss from damage to automobiles owned by the insured; commercial multi-peril policies that provide protection to businesses against combining liability and physical damage coverages; and workers' compensation policies, which provide benefits to employees for injuries sustained during employment. The company markets its insurance products primarily to Mid-Atlantic, Midwestern, New England, Southern, and Southwestern regions through independent insurance agencies. Donegal Group Inc. was incorporated in 1986 and is based in Marietta, Pennsylvania. Donegal Group Inc. operates as a subsidiary of Donegal Mutual Insurance Company.
Earnings Per Share
As for profitability, Donegal Group has a trailing twelve months EPS of $0.23.
PE Ratio
Donegal Group has a trailing twelve months price to earnings ratio of 55.87. Meaning, the purchaser of the share is investing $55.87 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 1.51%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Aug 1, 2024, the estimated forward annual dividend rate is 0.62 and the estimated forward annual dividend yield is 4.82%.
Moving Average
Donegal Group’s value is higher than its 50-day moving average of $11.99 and under its 200-day moving average of $13.16.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7.7%, now sitting on 961.31M for the twelve trailing months.
2. Marcus & Millichap (MMI)
135.14% Payout Ratio
Marcus & Millichap, Inc., an investment brokerage company, provides real estate investment brokerage and financing services to sellers and buyers of commercial real estate in the United States and Canada. The company offers commercial real estate investment sales, financing, research, and advisory services for multifamily, retail, office, industrial, single-tenant net lease, seniors housing, self-storage, hospitality, medical office, and manufactured housing, as well as capital markets. It also operates as a financial intermediary that provides commercial real estate capital markets solutions, including senior debt, mezzanine debt, joint venture, and preferred equity, as well as loan sales and consultative/due diligence services to commercial real estate owners, developers, investors, and capital providers. In addition, the company provides various ancillary services, which includes opinions of value, operating and financial performance benchmarking analysis, specific asset buy-sell strategies, market and submarket analysis and ranking, portfolio strategies by property type, market strategy, development and redevelopment feasibility studies, and other services for developers, lenders, owners, real estate investment trusts, high-net-worth individuals, pension fund advisors, and other institutions. Marcus & Millichap, Inc. was founded in 1971 and is headquartered in Calabasas, California.
Earnings Per Share
As for profitability, Marcus & Millichap has a trailing twelve months EPS of $-0.91.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -5.42%.
3. Pimco High Income Fund Pimco High Income Fund (PHK)
101.05% Payout Ratio
PIMCO High Income Fund is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in the public fixed income markets across the globe. The fund invests in U.S. dollar denominated high-yield corporate debt obligations. It employs fundamental analysis along with a top down stock picking approach to make its investments. PIMCO High Income Fund was formed on April 30, 2003 and is domiciled in the United States.
Earnings Per Share
As for profitability, Pimco High Income Fund Pimco High Income Fund has a trailing twelve months EPS of $0.57.
PE Ratio
Pimco High Income Fund Pimco High Income Fund has a trailing twelve months price to earnings ratio of 8.53. Meaning, the purchaser of the share is investing $8.53 for every dollar of annual earnings.
Revenue Growth
Year-on-year quarterly revenue growth declined by 3.5%, now sitting on 78.25M for the twelve trailing months.
4. Alliant Energy Corporation (LNT)
76.12% Payout Ratio
Alliant Energy Corporation operates as a utility holding company that provides regulated electricity and natural gas services in the United States. It operates in three segments: Utility Electric Operations, Utility Gas Operations, and Utility Other. The company, through its subsidiary, Interstate Power and Light Company (IPL), primarily generates and distributes electricity, and distributes and transports natural gas to retail customers in Iowa; sells electricity to wholesale customers in Minnesota, Illinois, and Iowa; and generates and distributes steam in Cedar Rapids, Iowa. Alliant Energy Corporation, through its other subsidiary, Wisconsin Power and Light Company (WPL), generates and distributes electricity, and distributes and transports natural gas to retail customers in Wisconsin; and sells electricity to wholesale customers in Wisconsin. It serves retail customers in the farming, agriculture, industrial manufacturing, chemical, packaging, and food industries, as well as wholesale customers comprising municipalities and rural electric cooperatives. In addition, the company owns and operates a short-line rail freight service in Iowa; a Mississippi River barge, rail, and truck freight terminal in Illinois; freight brokerage services; wind turbine blade recycling services; and a rail-served warehouse in Iowa. Further, it holds interests in a natural gas-fired electric generating unit near Sheboygan Falls, Wisconsin; and a wind farm located in Oklahoma. The company was formerly known as Interstate Energy Corp. and changed its name to Alliant Energy Corporation in May 1999. Alliant Energy Corporation was incorporated in 1981 and is headquartered in Madison, Wisconsin.
Earnings Per Share
As for profitability, Alliant Energy Corporation has a trailing twelve months EPS of $2.45.
PE Ratio
Alliant Energy Corporation has a trailing twelve months price to earnings ratio of 23.49. Meaning, the purchaser of the share is investing $23.49 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 9.44%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 2%, now sitting on 3.96B for the twelve trailing months.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jul 31, 2024, the estimated forward annual dividend rate is 1.92 and the estimated forward annual dividend yield is 3.34%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 4.8% and 56.3%, respectively.
Moving Average
Alliant Energy Corporation’s value is above its 50-day moving average of $53.62 and way higher than its 200-day moving average of $50.76.
1. 1 (1)
1% Payout Ratio
1
Earnings Per Share
As for profitability, 1 has a trailing twelve months EPS of $1.
PE Ratio
1 has a trailing twelve months price to earnings ratio of 1. Meaning, the purchaser of the share is investing $1 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 1%.
